Council has votes for go-ahead in principle

12:02 AM,
Dec. 7, 2012

The City of Cincinnati is considering privatizing parking.

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A controversial Cincinnati proposal to lease most of its parking facilities to help fill next year's $34 million deficit has enough support to pass in concept, though full details won't be known for months.

City Manager Milton Dohoney included $21 million from the lease to balance his budget, though he says the amount the contract ultimately brings in will be much more.

Critics worry that rates will skyrocket if a private company takes over. But city officials say no private vendor would jack prices so high as to lose customers and private entities would have the capital to invest in parking ...